US dollar sees rise of 32-paisa against Pakistani rupee By: Web Desk on May 19, 2021The US dollar jumped by 32-paisa in the inter-bank trading and has reached the Rs153 mark against the Pakistani rupee on early Wednesday. Karachi forex traders said the US dollar value has increased by 32 paisas. The new price of the US currency has crossed Rs153.22 mark. On Tuesday, the US dollar closed at Rs152.89 […]
11 children receiving trauma care killed by Israeli airstrikes By: Web Desk on May 19, 2021WEB DESK The Norwegian Refugee Council confirmed on Tuesday that 11 of over 60 children killed by Israeli air strikes in Gaza over the last week were participating in its psycho-social program aimed at helping deal with trauma. “We are devastated to learn that 11 children we were helping with trauma were bombarded while they […]
PML-N intact even in opposition, says Maryam By: Web Desk on May 19, 2021Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz Sharif on Wednesday said that the PML-N is resolute and United in the opposition. She said that the oppressors are struggling, but the oppressed are still standing firm. In a tweet, she said that the ones who wanted to see PML-N crumbling are crumbling themselves. She was referring […]
No-trust motion against Balochistan CM on the cards By: Web Desk on May 19, 2021Quetta: Differences between the factions, led by Balochistan Assembly (BA) Speaker Abdul Qudoos Bizenjo and Chief Minister Jam Kamal, have intensified as the disgruntled ministers have convened a meeting this week to discuss the situation following the resignations of some of the ministers. The Bizenjo group is trying to reach the opposition to win their […]
Prime minister says work on 10 dams to be completed by 2028 By: Web Desk on May 19, 2021Prime Minister Imran Khan visited the Mohmand Dam site on Wednesday and announced the Pakistan Tehreek-i-Insaf (PTI) government had planned to complete work on 10 dams by 2028. He added that the Mohmand Dam would help solve the water and electricity issues. He told a ceremony in Peshawar his government should be credited with initiating […]
Trump Organization faces criminal probe in New York state By: AFP/ Web Desk on May 19, 2021The Trump Organization is being investigated in a “criminal capacity,” the New York state attorney general’s office said Tuesday, as prosecutors advance their probe into former president Donald Trump’s business dealings. Since leaving the White House in January after his defeat to Joe Biden, the former businessman and reality TV star retains a stronghold on […]
Gold prices jump by Rs1,250 in last two days By: Web Desk on May 19, 2021KARACHI: Prices of the yellow metal rose in international markets due to the instability in other asset classes, pushing gold prices to Rs107,250 per tola as prices hiked by Rs1,250 in the span of two days. One of the reasons can be the correction in cryptocurrency. If used as a benchmark for cryptocurrencies, Bitcoin fell […]
Bitcoin tumbles to $30,000 after China warning, Musk remarks By: AFP on May 19, 2021Beijing: Bitcoin plunged by 30 percent on Wednesday after China signalled a new crackdown on the cryptocurrency and tycoon Elon Musk hinted that his Tesla car company could unload its huge holdings in the unit. The virtual currency fell to almost $30,000 — less than half the record value it reached last month — before […]
Govt considers setting up national food authority to monitor inflation By: Web Desk on May 19, 2021To monitor rising inflation, the government is thinking of different options, including the establishment of the Pakistan Food Authority (PFA), Replicating the USA, UK, Australia, and India models. Presently, the government of Pakistan does not have regulatory authority for food control, which is why the authorities are mulling over establishing PFA to have a single […]
UK insists vaccines work against Indian Covid variant By: AFP/Web Desk on May 19, 2021London: British Prime Minister Boris Johnson said Wednesday that Covid-19 vaccines are proving effective against a highly contagious variant from India. He was pressed on why the government is allowing travel from hotspots. Johnson has been under particular pressure for delaying restrictions on travel to and from India last month, at a time when he […]